Replies to post #607 on SPX Cycles

[gdl]

Damn you are good! I doubted you for a long time and you did insist the bull was still here when we had a drenching long drop. BUT while the system you use is slanted always towards a more optimistic result your longer term play is excellent. We had a 21 day Fibonacci drop 2 days ago and the lows of the day held. You called a huge overdue rally and we might just be seeing that.

I wonder why only 90 followers? I am a convert. I still strongly believe we will hit soon a top and a long winter will ensue but for now your system has held up.
The 40 year deflation always helps a system biased for the upside. the hard part is upon us, stagflation eventually. We are in an inflationary environment and given the debt and 40 year addiction to easy money and repayment we have a shock waiting for us. Notice the amounts of strikes? the OIL, dollar, yield? We have exceeded every matrix for a crash except ONE! Fed Funds has to hit and exceed 6%. That would be the nail in coffin.

[northam43]

SPX Cycles Update. Today at the close of the 1st hour the 60 min confirmed a 60-S-1 (due 10/10/23) projected low 4237.32 (reached), put in a low during the 1st hour at 4223.96, then during the 2nd hour the 60 min confirmed a 60-S-2 (due 10/11/23) projected high 4260.73 (reached). Today at the close of the 4th hour there is the possibility of a 60-2 (due 10/10/23) projected high 4278.12 (reached), the high will be due today at the 5th hour. Today during the trading day there is the possibility of a Daily D-S-2 (due 11/3/23), projected high 4360.68, the high will be due today, keep in mind that the Daily D-E-2 (4541.44) and the D-SC-2 (4650.50) are both extremely overdue. Today at the close there is the possibility of a Weekly W-1 (Extreme Overdue) projected low 4185.96, the low will be due this week. Monday at the close of the 2nd hour there is the possibility of a 60 min 60-E-2 (Extreme Overdue) projected high 4330.02, the high will be due Tuesday at the 3rd hour.